Higher premiums a problem, not a trend: AFABY ANNABELLE DICKSON | TUESDAY, 21 SEP 2021 4:15PMThe increase in life insurance premiums over the last few years are a problem that needs to be fixed rather than recognising it as a trend, according to AIA's chief executive. Related News |
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Featured Profile
Judith Fiander
CHIEF EXECUTIVE OFFICER
AUSTRALIAN PHILANTHROPIC SERVICES
AUSTRALIAN PHILANTHROPIC SERVICES
When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.
Less policy holders means a smaller pool of insured people and so premiums have to go up.
The fear I have is there will be less Advisers proposing personal insurance and the trend will simply spiral.
Does the Minister care? Does the Minister have a solution?